Suffolk Clocks Limited - Accounts

Suffolk Clocks Limited - Accounts

SUFFOLK CLOCKS LIMITED - Company Information

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Suffolk Clocks Limited 05340672 false 1 February 2020 05340672 2020-02-01 2021-01-31 05340672 2020-01-31 05340672 2021-01-31 05340672 2019-02-01 2020-01-31 05340672 2019-01-31 05340672 2020-01-31 05340672 frs102-bus:FRS102 2020-02-01 2021-01-31 05340672 frs102-bus:PrivateLimitedCompanyLtd 2020-02-01 2021-01-31 05340672 frs102-bus:FullAccounts 2020-02-01 2021-01-31 05340672 frs102-bus:AuditExempt-NoAccountantsReport 2020-02-01 2021-01-31 05340672 frs102-core:CurrentFinancialInstruments 2021-01-31 05340672 frs102-core:CurrentFinancialInstruments 2020-01-31 05340672 frs102-core:ShareCapital 2021-01-31 05340672 frs102-core:ShareCapital 2020-01-31 05340672 frs102-core:RetainedEarningsAccumulatedLosses 2021-01-31 05340672 frs102-core:RetainedEarningsAccumulatedLosses 2020-01-31 05340672 frs102-bus:Director1 2020-02-01 2021-01-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
05340672
Suffolk Clocks Limited
Unaudited Accounts
for the year ended
31 January 2021
Suffolk Clocks Limited
Balance Sheet
as at 31 January 2021
Notes
 2021
£		 2020
£
Current assets
Stocks 1,440 1,976
Debtors 4 1,375 1,338
Cash at bank and in hand 5,730 3,316
8,545 6,630
Creditors: amounts falling due within one year 5 (33,713) (32,544)
Net current assets / (liabilities) (25,168) (25,914)
Total assets less current liabilities (25,168) (25,914)
Provisions for liabilities (0) (0)
Total net assets (liabilities) (25,168) (25,914)
Capital and reserves
Called up share capital 2 2
Profit and loss account (25,170) (25,916)
Shareholders' funds (25,168) (25,914)

Suffolk Clocks Limited
Balance Sheet
as at 31 January 2021



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 January 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Mr T Evans

Director


Approved by the board on 13 October 2021

Company Number: 05340672 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Macushla House
Old Hall Lane
Fornham St Martin
Suffolk
IP31 1SS

Suffolk Clocks Limited
Notes to the Accounts
for the year ended 31 January 2021

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
2. Taxation
2021 2020
£ £
UK Corporation Tax 175 426
Tax on profit/(loss) on ordinary activities 175 426

3. Employees
2021 2020
Average number of employees during the period 2 0

4. Debtors
2021 2020
£ £
Trade debtors 1,375 1,338
1,375 1,338

5. Creditors: amounts falling due within one year
2021 2020
£ £
Amounts due to group undertakings 293 8,043
Taxation & social security 175 426
Other creditors 33,245 24,075
33,713 32,544

6. Dividends
2021 2020
£ £
Total dividend payment 0 6,000